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Maguire Properties to sell five properties for $345 million

SimonKennedy

LONDON (MarketWatch) -- Real estate investment trust Maguire Properties Inc.
MPG, +0.46%
said Monday that it's agreed to sell five office properties to Bixby Land Co. for around $345 million. Maguire said the properties are all part of the portfolio of properties being acquired from Blackstone/Equity Office Properties. It added the deal is expected to close in the second quarter.

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